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$375,000

17 W Arizona Street, Indianapolis IN, 46225

Price per sqftN/A
Built in2026
Property typeMulti-family
Courtesy of Neu Real Estate Group, Alec Neu Listing Contact:

Overview

Active

Listed Oct 1, 2026

Updated 44h ago

New-construction duplex opportunity in the historic Concord neighborhood on Indianapolis's Near Southside, about 0.8 miles from Lucas Oil Stadium and the Wholesale District. The Marion model offers two 2-bed/2-bath units of approximately 980 SF each. Projected rent of $1,950 per unit is supported by 25 nearby 2-bedroom comparables with a median rent of $1,950. Pro forma: $46,800 gross potential rent, $35,203 estimated NOI at 5% vacancy and 8% management. Quick access to downtown via the S Meridian corridor, with Fletcher Place, Fountain Square, and Bates-Hendricks close by. Taxes and insurance are estimates; buyer to verify. This property is broker owned.

$2,495/mo

Est. mortgage payment based on a $375,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
22128844

Interior Features

Basement
No

Exterior Features

Lot Size
0.08 Acres

Other Property Details

Municipality
Center
New Construction
Yes

Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 4:09 AM UTC on 10/28/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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